RV Park Valuation 101: How to Determine the Right Price for Your Property
Pricing your RV park correctly is key to a successful sale. Learn how brokers determine the right value for your property.
Introduction:
Setting the right price for your RV park can mean the difference between attracting serious buyers or sitting on the market for months. Here’s how professional brokers determine a fair and competitive valuation.
1. Revenue-Based Valuation
One of the most common methods is the income approach, which factors in:
✔ Annual gross revenue
✔ Operating expenses & net income
✔ Market-standard cap rates for RV parks
2. Market Comparisons
A broker will analyze recent sales of comparable RV parks in your region to understand pricing trends. Key factors include:
✔ Size & location of the property
✔ Occupancy rates & demand trends
✔ Physical condition & amenities
3. Value-Add Potential
Buyers often pay more for parks with growth potential, such as:
✔ Room for additional campsites
✔ Opportunity for new amenities (glamping, events, rentals)
✔ Operational inefficiencies that can be optimized
💡 Want to know what your RV park is worth? Get a free valuation today.
Dylan Kidd is the Founder and Managing Partner of Campfire Capital Group, leading investments in the outdoor hospitality industry. Since 2018, he has specialized in buying, selling, and scaling RV parks and campgrounds, leveraging his deep industry knowledge and hands-on approach.
